Lucid Motors doesn’t know how many EVs it will build this year
Lucid Motors pulled its guidance for the year, as it navigates swelling inventory and a companywide cost-cutting measure.
Lucid Motors pulled its guidance for the year, as it navigates swelling inventory and a companywide cost-cutting measure.
Hertz is creating a new affiliate company called “Oro Mobility” to provide fleet management solutions “across a range of mobility segments.”
The search for a new CEO, which lasted over a year following the sudden resignation of Peter Rawlinson, is finally over.
The company struggled with quality issues when Gravity production started last year, and the new recall shows it’s not out of the woods yet.
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation.
The concept was a highlight of Lucid’s investor day, in which the company detailed its ambitions to push deeper into autonomy while pumping out new, affordable EVs.
The update comes after a rocky first few months of software problems on the electric SUV.
The layoffs affect hundreds of full-time workers in the US, according to an internal memo obtained by TechCrunch.
The production-intent version, unveiled at CES 2026 on Monday, will be an exceptionally roomy entry into the growing robotaxi market later this year.
Lucid built more than 18,000 EVs in 2025 and delivered more than 15,000 after a tough start to the year — still a far cry from the high bar it set in 2021.